If you're thinking of selling, you should be considering factors like the rate at which your firm is growing, your relationship with your employees, the age of your clients and the state of your tech stack.
While the Covid-19 pandemic brought financial challenges for many Americans, African Americans and people of color faced more financial emergencies with fewer economic resources.
Why aren't advisers talking to clients about the solutions that are out there? Many investors are still choosing only traditional investment vehicles and missing the complementary role annuities can play in retirement portfolios.
The more we see a brand, the more we come to recognize it as trustworthy. This applies to financial advisers, too.
Each of my adventures has taken time, energy, effort and a willingness to be pushed outside of my comfort zone. The same is true for investing.
The more unique or specialized an adviser's practice is, the less marketable it is to potential buyers.
You have one chance to show clients why you started your own firm, and most importantly, how they will be better off.
This behavioral pattern can thwart daily productivity, pause career growth and prevent leaders from knowing their true worth.
Emergency savings tools are becoming more common in retirement plans, but many RPAs still have misconceptions about them.
Advisers' nominal payout is far from a full representation of the economics related to the relationship they have with their firms and clients.
There's something a lot worse than being down 35%, and that's being down that much and then going nowhere for a decade or more.
BlackRock's CEO needs to recast the conversation into the framework of governance, because E and S won’t amount to much if they aren’t backed by better governance.
The impact that market corrections can have on advisory firms' profits makes having the right strategy and doing an exceptional job of implementing it even more important.
This will ensure that energy and aerospace/defense sectors continue to attract the necessary investment and financing needed to guard global economic growth and national security.
Stakeholders must have enough time to analyze and provide a reasoned response in order to provide helpful input on proposed regulations.
When a client has a request, dig deeper before you take action by asking, 'Why you want to do that?'
Advisers need to deal with fear in many aspects of their work, whether it's market volatility, the effects of the pandemic or their own concerns about breaking away from a wirehouse.
The agency seems to be moving toward seeking admissions of guilt from firms based on first-of-their-kind enforcement actions that it has taken as well as comments that its leaders have made.
One way we decide which new technologies to implement (or at least consider) is by asking our clients to provide detailed feedback on communications every other year.
Marketing is a long game. First impressions matter, but lasting impressions matter more.
